By Ayse Bugra
This publication analyzes the criteria that form company task in Republican Turkey and examines the presence of a few of those components in different societies with hugely diverse cultures and histories. Bugra's premise is that neither the institutional framework nor the behavioral regularities of a marketplace financial system emerge spontaneously following rules of a universally rational habit. relatively, those mirror societal features to be formed by means of coverage measures that make sure the tender functioning of the industry mechanism.
The writer investigates the sociopolitical context of Turkish entrepreneurship by means of taking a look at the improvement of the personal quarter within the Republican interval; coverage technique less than successive Republican governments; socially outlined good points of the maintaining corporation, the common big-business unit; and the character of industrial institutions in Turkey. Her research is proper either to the examine of commercial association and to the learn of structural switch in late-industrializing nations and previous socialist societies the place the shortcomings of ordinary monetary techniques are transparent.
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Additional resources for State and Business in Modern Turkey: A Comparative Study
However, he docs not appear to havc been very succesful in any of these ventures. It is possible that it was partly this lack of success which led hiln to develop an interest in industrial production. It should not bc forgotten, however, that those were times when the ilnportance of industrialization was a major political thell1e pursued by the CUP in power. His interest in industry, therefore, closely reflects the atnl0sphere of his tiines. The choice of the sector in which he decided to invest-tcxtile industry-see111s to be r~lther random.
Tbis was instrUlnental in ihncn's dccision to venture into thc sanlC field. In thc realization of the project, a foreign acquaintance through ihnen's previous activities in the field of aviation played an ill1portant role. This was a German engincer who was, at the ti111C, pbnning to establish a woolen yarn production plant in partnership with ~l Turkish citizen of Annenian origin. ihncn was invited to join the partnership at the stagc in which all the industrial designs had already becn eompletcd.
Hence, frequent changes in econonlic policy, constant reshuffling in bureaucratic positions, and even the absence of planning appcar as the issucs undcrlincd in Turkish busincssnlen's criticisnls of the state's role in the econoIlly. Two of the eight autobiographics that will be discussed herc ~lre by rather iI11portant Ott0l11an pashas. One of thcln-Stireyya ihnen, whose father was also one of the proI11inent pashas of Sultan Abdiilhanlid-entered the field of business in the CUP era right before World War I.
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